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MIRAL VIJAYBHAI VEDIAMIRAL VIJAYBHAI VEDIA asked 1 year ago

how answer came to 8 ?

1 Answers
RaviRavi Staff answered 1 year ago

if chairman is promoter or related to promoter then at least 50% of board should be independent director (even if he is non executive director)  
here brother of promoter is chairman
so 16 x 50% = 8

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